Kardemir lowers wire rod offers
Turkish steel producer Kardemir has lowered domestic wire rod prices amid continued pressure on long steel markets. According to the company's latest price list, 5.5 mm SAE 1006 grade wire rod is being offered at USD…
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Turkish steel producer Kardemir has lowered domestic wire rod prices amid continued pressure on long steel markets. According to the company's latest price list, 5.5 mm SAE 1006 grade wire rod is being offered at USD…
UAE-based EMSTEEL Group has supplied 3,000 tons of its high-strength ES600 rebar for the Sobha Hartland 2 residential development in Dubai, further expanding the use of the advanced steel grade across major construction…
Iron ore futures rebounded on Wednesday, supported by short-term restocking activity by Chinese steel mills following recent price declines, although the broader market outlook remained bearish. Market insiders said…
Tenaris has announced plans to invest more than USD 90 mln in its steelmaking and seamless pipe manufacturing facilities in Pennsylvania, as part of efforts to improve efficiency, increase production capacity and…
Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market confidence. Market analysts said Chinese steel mills are…
Uzbekistan's Tashkent Pipe Plant (TPP) has secured a loan of up to USD 25 mln from the European Bank for Reconstruction and Development (EBRD) to support energy-efficiency upgrades and expand its long steel and pipe…
UAE-based Emirates Steel, part of EMSTEEL Group, has increased domestic rebar prices for July production. The company raised prices for 12-32 mm rebar by AED 100 (USD 27) per ton to AED 2,921 (USD 795) per ton EXW…
Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed by MESTEEL. The increase was driven almost…
Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking coal futures after supply concerns eased, with…
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract products for the third quarter. For July…
Italian steel producer AFV Beltrame has launched a major modernization project at its rolling mill facilities, appointing AIC Group to upgrade safety, automation and control systems. The project includes the…
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the market. HMS 1&2 (80:20) import prices were assessed at…
UAE's EMSTEEL Group has supplied approximately 5,900 tons of its high-strength ES600 rebar for the Sealine Residence and Gateway Residence projects being developed by Al Zorah Development in Ajman. The company said the…
UAE-based CIM Steel Industry LLC has announced the launch of production of its first pickled coil and cold rolled full hard (CRFH) coil at its facility in Umm Al Quwain Industrial City. The company said the milestone…
Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns over weakening Chinese steel demand, weighed on market…
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said Chinese steel production may be nearing a…
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property market, once the country's largest steel-consuming…
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw material costs as well as firmer domestic and international…
Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished steel demand. HMS 1&2 (80:20) import prices were…
UAE-based steel producer ASAS Steel FZC has successfully renewed its CARES Third-Party Verified Environmental Product Declaration (EPD) certification for carbon steel reinforcing bars, reinforcing the company's…
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